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Monday, May 6, 2024

Thai Airways anticipates 130 billion baht revenue this year

Thailand’s flagship carrier, Thai Airways (THAI) is optimistic about its revenue this year. Thai Airways is anticipated to accumulate at least 130 billion baht in revenue this year after its net profit in the first quarter reached 12.5 billion baht.

THAI CEO Chai Eamsiri announced yesterday that the airline is projected to complete its financial rehabilitation in 2025 as planned, Bangkok Post reported.

Eamsiri highlighted that the national carrier generated 41.5 billion baht of revenue during the first quarter, an impressive increase of 271.2% compared to the income of 11.1 billion baht during the same period last year. This notable growth is attributed to the rise in commercial flights.

Eamsiri also pointed out that flights to some popular tourist destinations, such as Japan and Korea, surged in the last quarter, and flights to China resumed on March 1.

The improved earnings…

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